540 Sage Rd McDermitt, NV 89421
This 7.75-acre commercial property in McDermitt, Nevada, located at 540 Sage Rd, zip code 89421, presents a unique investment opportunity. Previously operating as an eight-unit manufactured home park, the land currently features six existing manufactured homes. One home is immediately rentable, while another double-wide requires repairs. Four additional homes are considered beyond repair. All eight units are connected to city water, sewer, and electricity, currently sharing a single meter. New ownership will require meter separation upon development. The property's potential for redevelopment makes it an attractive prospect for investors seeking a project with existing infrastructure. The asking price is $370,000. The Humboldt County location offers a chance to capitalize on the area's unique characteristics. This property is zoned for commercial use and offers significant potential for various development options. The substantial lot size provides ample space for expansion or diversification of the existing mobile home park or for alternative commercial ventures. Serious inquiries are encouraged to explore the full potential of this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.